Fed Pauses for Now but Signals Higher Peak Rate Gold Prices Shift into Reverse

The Fed hit the pause button at its June meeting, keeping interest rates on hold at 5.00%-5.25% in line with expectations and previous guidance. The terminal rate, however, was revised upwards.

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Gold Price (XAU/USD) Latest Its All About The Federal Reserve

The price of gold is poised for the latest FOMC monetary policy decision with the accompanying quarterly economic projections the driver for the next few weeks.

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USD Breaking News: US PPI Joins CPI in Move Lower Emboldening the Fed

Prices at factory gates declined in the month of May as a wave of recent inflation data suggests the Fed will shy away from another rate hike later today

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Oil Price Forecast: WTI and Brent Rally Gains Steam Despite the IEA Increasing 2023 Supply Outlook

Oil prices enjoyed a slight renaissance of late despite a mixed report from the IEA this morning. Technicals hint at higher pricing but will the US Dollar scupper its plans?

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